Tx exempt bond issued at an annual 8 percent coupon rate
Tax exempt bond issued at an annual 8 percent coupon rate, matures in 20 years, par value $1,000.
If market rates are 8%, what is the market price of the bond?
If market rates fall to 5%, what is the market price of the bond?
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tax exempt bond issued at an annual 8 percent coupon rate matures in 20 years par value 1000if market rates are 8 what
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